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reportedly preparing for a ground invasion the gaza strip. the stakes for mideast energy supplies could really not be higher. details what is standing in the cross-hairs. more money coming up ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace inindustry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment informaon, risks, fees and expenses to read d consider carefully before investing. ♪ . melissa: all right. just one day after bp's record settlement on the 2010 gulf oil spill anotter rig explosion rocksed the gulf today. the fire, look at that. the fire has reportedly been put out but the u.s. coast guard said it spotted a two by a quarter mile oil sheen right around the rig. you know what that means. gulf oil production is already struggling to come back after the bp oil spi
energy supplies could really not be higher. details what is standing in the cross-hairs. more money coming up [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporang a business you'd like to start. or questions about protecting your family with a will or living trust. anyou'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attor
mutual insurance. responsibility. what's your policy? new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >> shepard: nation's airlines facing what appears to be the first pilot shortage in 50 years according to the "wall street journal" which our parent company owns. journal sites several reasons behind the expected struggle to fill the cockpits including a new rule set to take effect next august it requires new pilots to have 1500 hours of flift experience. that's six times the minimum right now. and all that training is not cheap. keep in mind the average starting salary for a pilot is roughly 20,000 bucks at regional airlines. 36,000 at major airlines. this comes as the industry braces fo
by the international energy agency comes as new technologies opens up huge oil reserves underground. the iea said u.s. oil output will surpass that of saudi arabia and other countries by 2017. the u.s. has established technology to extract shale oil from hard rock layers thousands of meters below the ground. commercial production has already begun. the agency says the u.s. will be nearly self-sufficient by 2035. that's due to an expected surge in the production of shale gas, a type of natural gas also trapped in underground rock. america currently relies on imports for 20% of energy needs. once the u.s. achieves successful sufficiency in energy, it may start showing less interest in oil producing regions including the middle east. >>> let's check on the markets. the u.s. markets changed little overnight. trading volume was low as other markets as long as the u.s. bonds market was closed for veterans day. and to see how stocks in japan are doing, we go to ramin mellegard at the tokyo stock exchange. how are things kicking off over there? >> good morning to you. yes, indeed. still a bit of hesitation
violence of course. we have great guests on the show, including public citizen energy director and edward isaac dovere. but i guess the real important story is that mc hammer came out and sang [ inaudible ] at the american music festival. >> is that what happened? >> john: yes. >> i can't wait to tell my grandchildren that this one-hit wonder cy went on with mc hammer. >> john: yes, cy came -- >> deep it going dan. ♪ >> john: cy came out and lip sinked. he is playing the studio version, and then mc hammer comes out and [ inaudible ] his third biggest hit -- >> this sounds like a train wreck. >> john: if you listen very very closely to this you can hear the founding fathers weep. and we'll be talking about david petraeus. because there is now a backlash of people saying why should he have to resign? the obvious answer is because he is the biggest spy in america and spies get fired for less. but what do you think? if america needs him running the cia, if he can do for america what he did for afghanistan, why would you want him leaving? >> yeah. >> john: please feel free
lemonade 5-hour energy? 5-hour energy supports the avon foundation for womebreast cancer crusade. so i can get the energized feeling i ne and support a great cause? i'm sold. pink lemonade 5-hour energy? ye and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feelinyou need and support east cancer research and access to care. he won ohio and maine, the latest to announce these health care expansions reedit we don't want any part of a crucial component. so forget when everyone was raising a big stink about many people have health care coverage. one of this is the stuff that individual state does that. ron williams is joining us now. we make of this. >> first, let me say thank you. it's a pleasure to be here. i think there are states who are legitimately concerned about what does it mean to be in the exchange in terms of the obligations financially. at the other extreme, there are states who have been enthusiastically embracing these exchanges, even though it's not clear what all the rules
pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. woman: my first symptoms were... man: constant tingling in my toes. woman: my leg sometimes will go numb. woman: i had double sion. woman: they said, "you have multiple sclerosis." woman: well, the beginning is the hardest time. man: i kind of had to get a grasp on reality. man: i had to adapt and change very rapidly. woman: i had to learn how to drive with my hands -- yeah, that was interesting. woman: i was a dancer. i don't see walking the way i walk any different than doing a dance. it just looks different -- it's a different dance. woman: you see me have an off day. it doesn't take away from who i am. man: a symptom may cause you not to be abl
about energy policy. but, ed, mainly day care about people who know how to get things done. it's no different than anything you've been hearing all across the country. the american public is tired of the partisan bickering, they are tired of all of the back and forth. they want solutions to these problems. and that's our job. and i think they thought i'd deliver the solutions. >> okay, solution. tax cuts. would you go for getting rid of the bush tax cuts and taxing the top 2%, just what the president said today. can you go along with that? >> you know, we've been talking a lot, and you know me, i've spent a fair amount of my political life and my public life working in the tax area. my big concern is the difference between earned and unearned income. and i say this every time. i say, the bob cat worker in north dakota pays a higher tax rate than paris hilton, because she doesn't earn her income. she just lets her money make her money. and we need to figure out a way to equalize those rates. maybe not make them identical, but to equalize them. because this tax structure, when mi
the making begin [ female announcer ] pillsbury pie crust. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> our second story, murder in paradise. john mcafee is believed to be hiding in belize after the murder of his neighbor on an island off the central american coast. while police say the megamillionaire is not a suspect, they want to question him and his response has been bizarre. martin savidge has more on the case involving young women, poisenned dogs and bad blood. >> i'm sitting in john mcafee's front yard. i can sit here because this is actually the beach and here in belize, the beach is considered public property. the house back there, the purple and yellow, the lights are on, bunobody's home. it's al
, at of the retailers of course. but monster, another big one we're watching. but energy drinks as a category is linked to adverse events and hospitalizations which is not a good thing when you're in that industry, you're looking at potential. and maybe warning labelis which are not a good thing either. >> the corner of a -- it's a triangle, jim. >> there's no resting place. here's the deal with monster. monster's last conference call, they did this remarkable test versus starbucks, and said they had less caffeine than starbucks, i actually bought a box of them at costco. i had to save them for -- and no, i mean these are really, i think, off the reservation, the five-hours. >> to say they have less caffeine than -- if i were a consumer looking for a caffeine jolt, they're saying that starbucks has more caffeine and is not linked to any adverse events. but starbucks is saying why are you lumping us into the 5-hour. maybe you should have -- at the same time the government is a -- the government doesn't come in and say, you know what? we like some energy drinks and not others. we don't like energy drinks
: the founder of five our energy will answer questions about this report that his product may be linked to 13 deaths. and lead mcgraw on the oil market reaction to attacks in bas and the david petraeus scandal in charlie gasparino on the white house c e o meetings. dagen: so much to get to. after that computer glitch grounded its planes nationwide united airlines saying it is up and running. nicole petallides on the floor of the stock exchange. what is normal about the stock reaction? nicole: very normal stock reaction. this is a stock that started with the arrows and traded as low as 1960 interday and coming back and had a high of 2018 and all the rest of the airline stocks i have been checking, delta, up arrows, and continental under pressure today. below the 1960 we are at 1976 and it is not far off of the low, and a nationwide glitch, it is not great news and we are hearing their returning to normal all of this occurring for weeks before thanksgiving, the busiest time, and this is the third time since june that united continental has had computer issues. dagen: thank you. 46 days and coun
flat and as we always say time is money so here is 30 seconds worth of that, those 5 our energy drinks mentioned in 13 deaths reported in the last four years, with these avoid these drinks. where should you put your money? gold, treasuries, risk involved in all of them. the very rich are buying art. we have someone from christie's auction house coming today. more than a million people collect social security disability for mood disorders. private investigator, will be here but even he cannot prove mental illness, can he? we will see. e-mail us at varney@foxbusiness.com. it is friday morning, we have seven early movers, it is not just dull, but marvel profit down, profit was declining, weaker pc demand on the same boat but that stock is dead flat. better than expected apple telecom equipmentmaker, is down, the clothing retailer gap raise profit outlook, really doing well up 3%, 85% on the year. why the loss, weaker sales at sears, stock is down $5, 5%. the chinese internet company n sinar david disappointing outlook ended down 10%. and offered to buy shift nutrition and that could sh
wallet? here's your invoice. what'new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. >>. >> sean: we know president obama's pop la later in the cities was formidable. numbers were about to show you they are plain unbelievable. now speculation that voter fraud took place in multiple cities af
, the taliban re-- routinely send press releases. back in 2. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. irchtionz senate majority leader harry reid takes on john mccain. but first, let's go to the newsroom and marianne rafferty with the headlines. >> hi, gret a. two workers are missing after an oil rig explosion in the gulf of mexico. four people are seriously hurt. workers used a cutting torch. the flames have been extinguished and there is no leak. this is one day after b.p. agreed to criminal charges a a record-setting $4.5 billion settlement in the previous disaster. hostess is going out of business, after years of struggling with management, turmoil and rising labor costs. the maker of
. one issue we need to face it is resource costs and energy prices, but that is not being driven by global use of the moment. it is being driven by other factors. i am not optimistic about the long-term potential growth. but is there a trade-off between what we should do to protect our elderly population and to provide adequate medical care to the whole population, and what we should do to protect our infrastructure and address energy and climate issues? no. we are underperforming on both fronts. >> it is not a budget trade- offs. as long as we think revenues can only be this high, there is a trade-off among those priorities. we have to accept having higher revenues to pay for the things we want. the softens that trade-off. impediments are not a drain on real resources. -- entitlements are not a drain on resources. they are a transfer. when we are at full capacity, we have a trade-off. the issue is, we think taxes should only be here. that was probably too low leading up to now. it is certainly too low going forward. >> your point about capital versus operating expenses -- i was
: there also was criticism of knee newable energy projects. >> reporter: that's right. they say that is important but that the department of energy, not the pentagon ought to lead these efforts. he criticized the pentagon for buying chevy volts which he says cost too much to produce and are tw too expensive to buy. consumers show little interest. each car at $40,000 each could supply an entire platoon with brand-new rifles. jon. >> steve centanni thank you. jenna: a doogie howzer got away with working in a hospital for weeks and nobody figure eud out. hearings underway in the benghazi terror attack. what it could mean for the taout of the president's cabinet. senator john cornyn r-r joins us next.and see for yourself. are you receiving a payout from a legal settlement or annuity over 10 or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. @ if we want to improve our schools... ... what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent resear
we'll get the hsbc flash pmi for november. shares in hong kong faired a bit better. energy plays led the rally on ohio oil prices. elsewhere south korean shares snapped a between day losing streak helped by technology stocks and also ship builders. in us a take i can't, commodity plays lent support to the asx 200. talks of a leverage buyout plan. sensex now trading louisa, back to you. >>> the spanish bad loans according to reuters, now at the 10.7% during the month of september versus 10.5% seen in august. so according to the bank of spain, we're seeing that figure just creeping up just by a tad. now, in the u.s., a slightly grimmer picture. major u.s. indices have fallen by 5% since the election day. this month already stacking up to be the worst november for the dow and the s&p 500, ninth worst november since 1973. so it's been pretty dismal trade if you're an equity holder. hi, charles. we talk about this and we're looking at a bounce in europe this morning. do we think the grimness will continue? >> i think the equity markets, they couldn't really believe bond the election until
with climate change and energy. and he seemed to really downplay any expectations of sweeping energy and climate change legislation. saying instead that he was focusing first on the economy and creating jobs. >> i am a firm believer that climate change is real, that it has impacted -- as a consequence i think we have an obligation to future generations to do something about it. and understandably i think the american people right now have been so focused and will continue to be focused on our economy and jobs and growth that if the message is somehow we're going to ignore jobs and growth simply to address climate change, i don't think anybody's going to go for that. i won't go for that. >> reporter: now, wolf, president obama said that more needs to be done. but he says he wants to have a national conversation talking to scientists, elected officials, engineers. so keeping it very broad. not getting into specifics. not talking about the sweeping energy and climate change legislation. but when you're talking to folks on both sides of this, those who are environmentalists, those who ar
where energy went higher and stocks went lower. we're setting lows right now. the dow down 126 points at the 12,629 level. the nasdaq and s&p are also moving lower. the nasdaq has moved into correction territory, down about 10% from its highs set earlier this year. the s&p is down sharply as well at this hour. so it was those fed minutes, the continued fears we may go over the fiscal cliff as the negotiations are being carried out so far in a very public arena right now. we are off the worst levels of the day, but will these concerns keep investors out of the market right now? let's talk about that, shall we? >> that's what we want to in today's "closing bell" exchange. neil, let me kick this off with you. good to see you. thanks for joining us. as somebody who's putting capital to work in this market, you see a market that is down 600 points on the dow industrials. just since the election, that's 4% declines since the election on november 6th. what do you want to do here? do you want to put money in the market? >> i think you have to put money in the market but what you said is true.
appreciate it. >> thanks a lot. >>> next, fears of all out war between israel and the palestinians. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >>> breaking news tonight. deadly fighting between hamas and israel is escalating with rockets raining down on both sides. very dangerous situation with the whole world watching. with me is cnn's fred pleitgen in israel, just a few miles from gaza. fred, what's the latest there? >> reporter: what we're seeing overhead is basically israeli war planes flying towards the border with gaza. almost constantly. it's been going on the entire night and we've seen a lot of air strikes going down fro
expectations spiked following a cold weather forecast for much of the u.s. the international energy agency lowered forecast for global oil demand by 290,000 barrels a day. the iaea blames superstorm sandy, you remember her. >>> bipartisan group of 28 governors want congress to renew a wind energy tax credit. governors say letting tax break expire will cost 37,000 jobs and drive away $10 billion of private investment. it expires a t end of this year. >>> next on money, elizabeth warren hasn't even been sworn into the u.s. senate but she already hasthe entire banking industry shaking in its boots. one of her biggest supporters couldn't be haier. i codn't disagree more. he is here to debate it out with me. >>> plus, iran fles its military muscle as sanctions tighten their grip around the regime. e the massive war games a signal it may be ready to lash out? more "money" coming up. ♪ ♪ . melissa: so newly-elected senator and former head of the consumer financial protection bureau, she was running fothat, not sure she was head of that,ut public enemy number one on wall street. according to r
to be the world's top oil producer in eight years and completely energy independent in less than 20, at least according to one report. many are now asking, why not sooner? liz macdonald has the details from the fox business network. liz? >> yeah, that was a stunning reversal of what the international energy agency said a year ago, jenna. that basically saudi arabia and russia would vie for the number one spot but now it looks like it will be the u.s. although the report does warn, listen the oil and gas boom in the united states is still in its infancy but u.s. crude oil production is up 14%. now there are moves afoot to basically stop the development of the u.s. oil and gas industry. number one, this is what the oil industry is talking about. that basically the interior department is moving to shut 1.6 million acres in the west to oil shale development. it would leave open 677,000 acres open in colorado, utah and wyoming to oil shale development and another 130,000 acres to tar sands development in utah but there will be, separate from there, there is going to be a protest at the white house
help prop up the stock in a sideways market. gerri: anything you should sell? >> i am not liking energy and telecom by now. those are my underweight. gerri: okay, thank you for coming on tonight, the eternal optimist. >> thank you. >> all right, we will be right be right back. the answer the question of the day. four years from now, will america be better or worse? in my 2 cents on the highways of massachusetts. find out what happened to the woman in charge. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investorare saying... [ all ] i'm with scottrade. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holid
cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. ♪... ♪... ♪... choose the perfect hotel >>> more heads are rolling at the bbc. the director general resigned over the weekend, and today the head of the news division has stepped aside at the bbc. this latest resignation came after a politician was falsely accused of a sex abuse scandal at the network. not the only skamdz. the former kids tv host who died last year has since been accused of being a pedophile. the network is said to be getting their reputation back. mark thompson used to run the bbc and now works for the "new york times". >> like many people i'm very saddened by repeat events at the bbc, but i believe the bbc is the world's greatest broadcaster and no doubt it will once again regain the public's trust both in the u.k. and around the world. it's a very important institution, a
to the formation of an opposition group coalition to oust bashar al saud. >> eric: the ceo of black elk energy, which owns an oil rig, has identified a found body is one of two contract workers missing since friday. black elk energy will continue to search for another worker who is still missing. four workers who were burned are still hospitalized. the company says that no oil is leak from this platform. federal investigators looking into a deadly parade accident in midland, texas, say a warning signal sounded 7 seconds before the float collided with the freight train on thursday. it was the second of two floats that crossed the tracks. the first did clear safely. ntsb found no problems with the train's brakes, tracks or cars. president obama and lawmakers are cautiously optimistic about a budget deal. but nancy pelosi says it must include tax hikes for the wealthy. we have the latest. >> reporter: shannon, the house minority leader, nancy pelosi, sits at the negotiates ing table with the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that d
energy sector. the american wind energy industry is in jeopardy. the production tax credit will end december 31, 2012. it must be extended or else 30,000 jobs will be lost and 450 manufacturing businesses will close. two additional measures must also be considered. first, we could apply the master limited partnership and the real estate investment tax programs to the green energy sector and thereby bring significant financing opportunities along with the production tax credit. i yield back my time. the speaker pro tempore: the gentleman yields back. the chair recognizes the gentlewoman from tennessee, mrs. black, for five minutes. mrs. black: thank you, mr. speaker. while the president returned from the campaign trail last week with a slightly more conciliatory tone, his insistence on a year end tax hike on small businesses is unchanged, and frankly that is completely unacceptable. it is unacceptable for more than 23 million americans struggling for work right now. it's unacceptable for millions of middle-class americans struggling to support their families with rising gas prices an
energy was spent on health care and other things coming into the question is do you see that -- how do you strike that balance and do you see that changing as you go forward into the next four years? >> to complicate your questions about what the balance in the short term and the immediate and long-term things that matter for the strength of the economy and i think it's important to recognize that as we get to the next phase of the fiscal reform debate you have to think about this not just about how you bring them down gradually to the point they are sustainable you to think about it in terms of what can you do to improve the long-term growth in the american economy? there are things we have to do in infrastructure and education just to name to that are important to the potential of the country and are not very expensive. if we sacrifice those objectives in the interest of getting more fiscal restraint more quickly than is desirable would do damage across the country, so i would just encourage people to look at -- we want to look at things that are good for growth now and over the long
of clean energy, which promises to reduce the utilization of fossil fuels for power generation. and we continue to invest in potential break-through technologies that could further remove carbon from our atmosphere. but we haven't done as much as we need to. so what i'm going to be doing over the next several weeks next several months is having a conversation, a wide-ranging conversation with scientists, engineers, elect engineers, elected officials to find out what more can we do to make short-term progress in reducing carbons. and then, you know, working through an education process that i think is necessary as discussion, a conversation across the country about what realistically can we do long term to make sure that this is not something we're passing on to future again rations that is expensive and difficult to deal with. i don't know what democrats or republicans are prepared to do at this point. this is not a partisan issue. there are regional issues. no doubt for us to take on climate change in a serious way would involve making some tough political choices. and -- understandab
is being observed by nearly all workers in the automobile, energy, shipbuilding, and construction industries. >> they are taking all our rights away -- all our rights. the banks and other business people are bringing us onto the streets. they are stealing our salaries. we do not have any rights anymore. >> hundreds of flights have been canceled across europe. in the portuguese capital, lisbon, many face long waits with nearly half of all flights canceled. >> we arrived at 9:00 in the morning, and we have to wait until 9:00 in the evening. public transport is not working, either, so we are stuck. it is a shame. >> access to ferry service has also been blocked. >> we are witnessing the biggest strike portugal has ever seen. it also has a special significance because it is the first time spanish and portuguese workers are conducting a strike on the very same day. >> strikes are under way in greece, italy, and france, and railway workers in belgium have also walked off the job for 24 hours, affecting both domestic and international services. >> let's go live down to spain now. miles t
. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. megyn: back now to breaking news from israel. reports that thousands of troops may be getting ready for a ground invasion of gaza. after three days of unrelenting rocket attacks from hamas. about a half-hour ago, a general called on hamas and israel to stop this dangerous exploration to avoid further bloodshed. as the air raid sirens sound in tel aviv and more than two decades. our own trace gallagher went to the israeli border back in 2006 during the fight with hezbollah. he has been watching all of this from our breaking news desk. we want to get to him before the ambassador joins us. >> is very important. we are getting word that the isr
platform owned by a houston-based company called black elk energy. the rig was in shallow water 25 miles southeast of grand isle louisiana and the platform that caused 2010's gulf oil spill was exploratory and it was in deep water. >> and your tax dollars have been used to study whether jesus died for clingons, seriously, and nancy pelosi shows off her knowledge of the u.s. constitution. the grapevine is next. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, cha
. the international atomic energy agency reporting friday about the finalization of the facility at koom. demonstrating the sanctions europe and the united states talked about, the iranians are proceeding in a successful pace toward getting nuclear weapons capability. they're arming the terrorists hamas and hezbollah so the iran influence continues to grow. europe and the united states focus their criticism on israel. >> thank you very much this morning. especially in paris. >> thank you, eric. >> thank you, embassador. new developments right now in negotiations over the so-called fiscal cliff which is coming. it will bring looming tax hikes and spending cuts that threaten to plunge u.s. economy back into recession. republicans are showing a willingness to raise new revenues but reports that democrats are taking a harder line on entitlement reforms. joining, bob accuse -- >> what's the best case scenario from the meetings the president is attending with congressional leaders and what's the worst case scenario? >> best case scenario is they reach a deal pretty calmly within the next coupl
, aren't you? >>guest: absolutely. >>stuart: so the cot -- cost of the energy goes up and we all pay for the energy. how do you make sure that ordinary people do not pay the carbon company. >>guest: one way that has been discussed by the congressional budget office is a payroll tax rebate for those in the lower income brackets so we shield the middle class and the poor from the effects of the tax while still getting the benefits of reduced carbon tax, rather, reduced carbon emission. that is the goal. not the revenue. the revenue is nice if we don't hurt people. the goal is to save the environment and reduce global warming. >>stuart: you think carbon taxes will save the land it? >>guest: yes. we need to reduce the carbon emissions. >>stuart: are you worried about the next big storm because we are putting out too much carbon? >>guest: i am. a lot of people in new york city and tri-state area are still suffering. so i am worried. i am worried, more, for what my children and grandchild will experience in big storms if we don't get behind this and start resolving it. >>stuart: you have a
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